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Mar 9, 2017

Deputy Faber Endorses Superbond Fix

Patrick Faber

Deputy Prime Minister Patrick Faber has his eyes set on becoming leader of the country.  To achieve that dream, he will first have to succeed in representing the United Democratic Party heading into the 2020 general elections before defeating the opposition’s candidate at the polls.  While the Super Bond doesn’t reach maturity until ten years later, the hypothetical question of how the aspiring leader would handle those payments was put to him squarely, following the Prime Minister’s press conference.  Here is his response.

 

Patrick Faber, Deputy Prime Minister

“Indeed, at that time we would then move to try to renegotiate the terms again and if it is that that is the case that we get to that point in 2030 and we’ve not found a way out in terms of other resources that we find to be very productive and that can help us to pay things off, I would certainly not blame Dean Barrow.  I would blame the People’s United Party and that’s something that I want people to focus on.  Indeed, I agree with what the prime minister did this morning to remind people, it bothers me, it frightens me that the P.U.P. could have the audacity to try to blame the Super Bond on the United Democratic Party.  And so what the prime minister did to chronicle what were those loans, the bonds that were pooled together to become the Super Bond was very important this morning.”

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